You are encouraged to incorporate course concepts learned so far into your analysis. The relevant course concepts may include but are not limited to: environmental opportunities/threats, five forces, competitive dynamics, and value proposition.

What threats from the general environment and the industry environment did Best Buy face?

What is Best Buy's value proposition? What is Best Buy's core competence? How can these be used as part of its turn-around strategy?

How has Best Buy attempted to diversify itself?

Based on the information provided in this case, who do you think are the most important stakeholder groups for Best Buy? Explain why you think so.

If you were in charge of giving advice to Best Buy's board of directors, what would you recommend in order to boost the company's competitive advantage?

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